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    SpeeDee Centers

    Franchise research report · reviewed 2025 disclosure data

    Researching SpeeDee Centers franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    SpeeDee franchises operate automotive service centers providing oil changes, maintenance, and related vehicle services. Franchisees serve drivers through local centers.

    Headline figures

    SpeeDee Centers quick facts

    Is SpeeDee Centers a franchise?
    Yes. SpeeDee Centers offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 66 franchised and 9 company-owned outlets (2025 FDD, Item 20, PDF p. 68).
    How much does it cost to open a SpeeDee Centers franchise?
    The SpeeDee Centers Franchise Disclosure Document reports separate estimated initial investments by format: $1,213,153–$1,972,033 for greenfield — total estimated initial investment (greenfield) (low 1213153; high 1972033) (2025 FDD, Item 7, PDF p. 28); $291,320–$917,050 for conversion only (brownfield/conversion — total estimated initial investment (brownfield/conversion) (low 291320; high 917050)) (2025 FDD, Item 7, PDF p. 24). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the SpeeDee Centers initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $39,900 (2025 FDD, Item 5, PDF p. 17). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does SpeeDee Centers charge?
    The disclosed ongoing royalty is 6% (2025 FDD, Item 6, PDF p. 19). The brand or advertising fund contribution is 0.5% (2025 FDD, Item 6, PDF p. 19). Other recurring fees are listed in Item 6. Details
    Does SpeeDee Centers disclose financial performance (Item 19)?
    Yes. The SpeeDee Centers FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 63). Figures apply only to the locations and period each one covers. Details
    How many SpeeDee Centers locations are there?
    The FDD reports 75 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 68). Existing locations do not indicate territory availability. Details
    Is SpeeDee Centers a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2025 FDD (Item 7) estimates opening costs separately by format: $1,213,153 – $1,972,033 (Greenfield — TOTAL ESTIMATED INITIAL INVESTMENT (Greenfield) (low 1213153; high 1972033)); $291,320 – $917,050 (Brownfield/Conversion — TOTAL ESTIMATED INITIAL INVESTMENT (Brownfield/Conversion) (low 291320; high 917050)); several initial fee options apply.
    2. 2Item 19 covers 12 separate groups: other measures for 6 locations; other measures for 4 locations; other measures for 24 locations; other measures for 9 locations; other measures for 4 locations; other measures for 2 locations; other measures for 9 locations; other measures for 4 locations; other measures for 24 locations; other measures for 2 locations; other measures for 6 locations; other measures for 2 locations. They are not combined.
    3. 3Outlets grew by 7 in 2024, to 75 (System-wide SpeeDee-branded outlets (national Table 1), as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    SpeeDee Centers head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2025 FDD · Item 7

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose.

    • Brownfield/Conversion — TOTAL ESTIMATED INITIAL INVESTMENT (Brownfield/Conversion) (low 291320; high 917050)PDF p. 24$291,320 – $917,050
    • Greenfield — TOTAL ESTIMATED INITIAL INVESTMENT (Greenfield) (low 1213153; high 1972033)PDF p. 28$1,213,153 – $1,972,033

    Standard single-unit franchise fee

    2025 FDD · Item 5 · PDF p. 17
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    RoyaltyMain ongoing fee

    30 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    12 separate populations, shown apart. Revenue is not owner income.

    6 locations

    Other measures · 6 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart I Category C (annual Net Sales $600,001 to $800,000)
    Period
    Average Net Sales
    Excluded
    Centers opened during 2024 or not operating the full year; Centers involved in transfers during 2024 where current owners did not operate the full year; Centers without complete Profit and Loss Statements; affiliate-owned Centers; and co-branded Centers.
    Method
    Historic 2024 results based on franchisee P&L statements, not independently audited or reviewed

    4 locations

    Other measures · 4 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart I Category D
    Period
    Office and G&A Expenses
    Excluded
    Centers opened during 2024 or not operating the full year; centers involved in transfers where current owners did not operate the full year; centers without complete Profit and Loss Statements; affiliate-owned centers; and co-branded centers.
    Method
    Historic 2024 figures based on franchisee-provided P&L statements; not independently audited or reviewed

    24 locations

    Other measures · 24 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart I Category E
    Period
    Office and G&A Expenses
    Excluded
    Centers opened during 2024 or not operating the full year; centers involved in transfers where current owners did not operate the full year; centers without complete Profit and Loss Statements; affiliate-owned centers; and co-branded centers.
    Method
    Historic 2024 figures based on franchisee-provided P&L statements; not independently audited or reviewed

    9 locations

    Other measures · 9 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart II top quartile of sales revenue averages
    Period
    Average Net Sales
    Excluded
    Centers opened during calendar year 2024 or not operating the entire calendar year, centers involved in transfers where current owners did not operate the entire year, centers without complete Profit and Loss Statements, and affiliate-owned centers were not included.
    Method
    Historic financial performance representation based on franchisee-provided Profit and Loss Statements; not audited or reviewed by an independent CPA

    4 locations

    Other measures · 4 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart I Category D, with annual Net Sales from $800,001 to $1,000,000
    Period
    Average Gross Profit
    Excluded
    Centers that did not meet the disclosed Subset were excluded, including centers opened during 2024 or not operating the full calendar year, centers involved in transfers during 2024 where current owners did not operate the full year, centers without complete Profit and Loss Statements, and affiliate-owned centers.
    Method
    Historic 2024 results based on franchisee P&L statements, not independently audited or reviewed

    2 locations

    Other measures · 2 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart I Category B, with annual Net Sales from $400,001 to $600,000
    Period
    Average Net Sales
    Excluded
    Centers that did not meet the disclosed Subset were excluded, including centers opened during 2024 or not operating the full calendar year, centers involved in transfers during 2024 where current owners did not operate the full year, centers without complete Profit and Loss Statements, and affiliate-owned centers.
    Method
    Historic 2024 results based on franchisee P&L statements, not independently audited or reviewed

    9 locations

    Other measures · 9 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart II third quartile of sales revenue averages
    Period
    Average Net Sales
    Excluded
    Centers opened during calendar year 2024 or not operating the entire calendar year, centers involved in transfers where current owners did not operate the entire year, centers without complete Profit and Loss Statements, and affiliate-owned centers were not included.
    Method
    Historic financial performance representation based on franchisee-provided Profit and Loss Statements; not audited or reviewed by an independent CPA

    4 locations

    Other measures · 4 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart I Category D (annual Net Sales $800,001 to $1,000,000)
    Period
    Average Net Sales
    Excluded
    Centers opened during 2024 or not operating the full year; Centers involved in transfers during 2024 where current owners did not operate the full year; Centers without complete Profit and Loss Statements; affiliate-owned Centers; and co-branded Centers.
    Method
    Historic 2024 results based on franchisee P&L statements, not independently audited or reviewed

    24 locations

    Other measures · 24 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart I Category E (annual Net Sales greater than $1,000,000)
    Period
    Average Net Sales
    Excluded
    Centers opened during 2024 or not operating the full year; Centers involved in transfers during 2024 where current owners did not operate the full year; Centers without complete Profit and Loss Statements; affiliate-owned Centers; and co-branded Centers.
    Method
    Historic 2024 results based on franchisee P&L statements, not independently audited or reviewed

    2 locations

    Other measures · 2 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart I Category B (annual Net Sales $400,001 to $600,000)
    Period
    Average Gross Profit
    Excluded
    Centers opened during 2024 or not operating the full year; Centers involved in transfers during 2024 where current owners did not operate the full year; Centers without complete Profit and Loss Statements; affiliate-owned Centers; and co-branded Centers.
    Method
    Historic 2024 results based on franchisee P&L statements, not independently audited or reviewed

    6 locations

    Other measures · 6 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart I Category C
    Period
    Salaries, Wages and Benefits
    Excluded
    Centers opened during 2024 or not operating the full year; centers involved in transfers where current owners did not operate the full year; centers without complete Profit and Loss Statements; affiliate-owned centers; and co-branded centers.
    Method
    Historic 2024 figures based on franchisee-provided P&L statements; not independently audited or reviewed

    2 locations

    Other measures · 2 locations

    Who is counted
    SpeeDee franchisee-owned Centers in Chart I Category B
    Period
    Retail Operating Expenses
    Excluded
    Centers opened during 2024 or not operating the full year; centers involved in transfers where current owners did not operate the full year; centers without complete Profit and Loss Statements; affiliate-owned centers; and co-branded centers.
    Method
    Historic 2024 figures based on franchisee-provided P&L statements; not independently audited or reviewed

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    System-wide SpeeDee-branded outlets (national Table 1), as labeled in the FDD · counts as of → 66 of each year.

    2025 FDD · Item 20 · PDF p. 68

    Net −3 outlets, 2022–2024

    0782022682023752024−10+7

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2025 Item 7 estimate ($291,320 – $1,972,033) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 68 to 75 in 2024. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2025 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 17
    2. [2]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart I Category C (annual Net Sales $600,0… · PDF p. 63
    3. [3]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart I Category D · PDF p. 63
    4. [4]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart I Category E · PDF p. 63
    5. [5]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart II top quartile of sales revenue aver… · PDF p. 64
    6. [6]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart I Category D, with annual Net Sales f… · PDF p. 63
    7. [7]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart I Category B, with annual Net Sales f… · PDF p. 63
    8. [8]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart II third quartile of sales revenue av… · PDF p. 64
    9. [9]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart I Category D (annual Net Sales $800,0… · PDF p. 63
    10. [10]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart I Category E (annual Net Sales greate… · PDF p. 63
    11. [11]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart I Category B (annual Net Sales $400,0… · PDF p. 63
    12. [12]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart I Category C · PDF p. 63
    13. [13]Item 19 — Locations counted not stated in the reviewed record — SpeeDee franchisee-owned Centers in Chart I Category B · PDF p. 63
    14. [14]Outlet counts — Item 20, Table 1 · PDF p. 68

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2024midocean fsa holdings, l.p. consolidated total revenues for fiscal year ended 12/28/2024$278,933,772
    2024midocean fsa holdings, l.p. consolidated net loss for fiscal year ended 12/28/2024$54,645,046
    2024midocean fsa holdings, l.p. consolidated total assets at 12/28/2024$697,742,260

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 20 · PDF p. 68 · 2025 FDD

      Our summary: Franchised 2023: 69 → 61

      “Franchised * 2023 69 61 -8”

      Note: The supplied excerpt does not establish a matching Table 1 systemwide start/end row.

    • Item 20 · PDF p. 68 · 2025 FDD

      Our summary: Franchised 2024: 61 → 66

      “Franchised * 2024 61 66 +5”

      Note: The supplied excerpt does not establish the cited Table 1 systemwide row.

    • Item 20 · PDF p. 68 · 2025 FDD

      Our summary: Franchised 2022: 72 → 69

      “Franchised * 2022 72 69 -3”

      Note: The supplied excerpt does not establish a matching Table 1 systemwide start/end row.

    • Item 20 · PDF p. 68 · 2025 FDD

      Our summary: Company-Owned 2023: 9 → 7

      “Company-Owned 2023 9 7 -2”

      Note: The supplied excerpt does not establish the cited Table 1 systemwide row.

    • Item 20 · PDF p. 68 · 2025 FDD

      Our summary: Company-Owned 2024: 7 → 9

      “Company-Owned 2024 7 9 +2”

      Note: The supplied excerpt does not establish the cited Table 1 systemwide row.

    • Item 21 · PDF p. 237 · 2025 FDD

      Our summary: MidOcean FSA Holdings, L.P. consolidated total assets at 12/28/2024

      “Total assets 12/28/2024 $ 697,742,260”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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